Black Every Day?

Write this date down: Monday, February 8

 

Why? I can't find any event

 

The FED is already getting dovish. FFFs pushing out probability of rate hike:

Bullard: Recent ‘very substantial’ oil moves have implications for Fed action

http://www.cnbc.com/2016/01/14/bull...l-moves-have-implications-for-fed-action.html

 

The punch bowls begin again. Here are three monster catalysts for higher SPX (short term about next month or so). Emotion rules in the vacuum of no quantitative hard facts. Here they come:

• Earnings
• Buybacks begin again
• Chinese New Year

 

The market typically rallies into Chinese New Year. But this might not be a typical year.

 

No year "might" be anything. You bet with the odds until further notice.

 

I would suggest that recent volatility is giving me notice.

 

1866 is a dangerous pivot. If we break that no telling where this ends up. There is support at 1842 where i will make my last stand.

 

I have problems following the model when things are so volatile.

 

Congrats! Took profits?